Property for sale

St. Peters Street, Hereford HR1

Strapline

Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -

City Centre Freehold Retail Investment Let to Bonmarché Until 2030 Producing £43,500 per Annum. 2026 break not exercised.

Description

The property is arranged over ground and one upper floor to provide a shop with ancillary accommodation.

Location

Hereford is an attractive and historic cathedral city situated some 50 miles south-west of Birmingham and 25 miles north-west of Gloucester on the A49. The property is situated on the south side of St. Peters Street, close to its junction with High Street and Commercial Street. Occupiers close by include Santander, Three, Clinton, tg Jones, Lloyds, jd Sports and Holland & Barrett amongst many others.

Transport

Road - The A49 provides access to Leominster to the north and Ross-on-Wye (M50) to the south whilst the A4103 provides access to Worcester

Rail - Hereford Rail Station is some 750 metres from the property, providing regular mainline rail services to London Paddington (fastest journey time 2 hours 51 minutes)

Tenancy

Let to Bonmarche Properties Ltd on a full repairing and insuring (fr&I) lease for a term of 8 years from November 2022 at £43,500 per annum.

The lease provides for a tenant break option (not exercised) at the 4th anniversary and rent review.

Accommodation

Ground Floor - 216.94 sq m (2,335 sq ft)

First Floor - 187.2 sq m (2,015 sq ft)

Total - 404.14 sq m (4,350 sq ft)